Tungsten Investing News

Almonty Industries Files Financial Statements and MD&A

Gretchen Cruz — Wed, 15 May 2013 20:27:19 +0000

Almonty Industries Inc. (TSXV:AII) filed its financial statements and management discussion & analysis (MD&A) for the three and six month periods ended March 31, 2013. Highlights include a reported revenue of $5,005 and a gross profit of $2,565.

Wolf Minerals: Moving Forward with Tungsten

Vivien Diniz — Mon, 13 May 2013 11:00:17 +0000

Making headlines this week in tungsten was Wolf Minerals, which finalized a AU$192-million finance facility and secured an offtake agreement. With the tungsten market looking like it might be perking up, this news is a welcome step for the company.

Wolf Minerals Closes A$192M Debt Facilities, Completes Offtake Agreements

Gretchen Cruz — Fri, 10 May 2013 16:11:12 +0000

Wolf Minerals Limited (ASX:WLF) signed the documentation for the £75 million project finance facility and the US$82 million funding package for the Hemerdon Tungsten Project in England.

EMC Metals Announces Resignation of John Grubb From Board of Directors

Pia Rivera — Mon, 06 May 2013 18:51:48 +0000

EMC Metals Corp. (TSX:EMC) announced the resignation of John W. Grubb, Director on the EMC Metals Corp. Board. Mr. Grubb will be moving on as a technical mining advisor to the Company and Board.

Blackheath Resources Appoints Alexander Langer as VP of Corporate Development

Gretchen Cruz — Thu, 02 May 2013 16:15:30 +0000

Blackheath Resources Inc. (TSXV:BHR, FWB04B) appointed Alexander Langer as their Vice President of Corporate Development. Mr. Langer will be directly involved in all aspects of Blackheath's strategic planning and business development and has over nine years of experience in corporate development and capital markets in the resource sector.

Wolf Minerals Provides Quarterly Update on Hemerdon

Pia Rivera — Mon, 29 Apr 2013 04:02:49 +0000

Wolf Minerals Limited (ASX:WLF,AIM:WLFE) provided a quarterly update, for the three month period ended March 31, 2013, on its progress on the Hemerdon tungsten and tin project in Devon, UK. The Company is also in the final stages of closing the detailed finance documents for the senior loan facilities previously announced and also, as part of this process, is completing the details of the binding offtake contract, which is expected to be completed in the current quarter.

North American Tungsten Reports Payment Schedule With Former Mine Contractor

Pia Rivera — Thu, 25 Apr 2013 15:14:59 +0000

North American Tungsten Corporation (TSXV:NTC) announced an agreement with Procon Mining & Tunnelling Ltd. for a schedule for payment of final amounts due in respect of a contract under which Procon provided mining services to the Cantung mine. The Company is now using its own workforce for such services.

Tungsten Corp Announces Acquisition of Two Historically Productive Locations in Idaho and Nevada

Roz Visarra — Mon, 22 Apr 2013 23:46:31 +0000

Tungsten Corp. (OTCQB:TUNG) announced that it has acquired options of the tungsten mineral rights at historically productive mining properties in Idaho and Nevada. The company acquired the Wildhorse Mine property in Idaho and the Cherry Creek Project in Nevada.

China Stockpiles Tungsten, Starting with 10,000 Tonnes of Concentrate

Vivien Diniz — Mon, 22 Apr 2013 22:23:55 +0000

China's State Reserve Bureau plans on a 10,000-tonne tungsten concentrate purchase.

Colt Resources Announces Private Placement Update

Roz Visarra — Sat, 20 Apr 2013 06:25:08 +0000

Colt Resources (TSXV:GTP), a tungsten development company, announced that its private placement will be concluded in a week. The company also announced that an Asian-based investor has signed a subscription agreement for CAD $5 million and a written confirmation has been made stating the funds are expected shortly.